secwatch.observer — SEC 8-K summary
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Issuer:     SCANSOURCE, INC. (SCSC)
CIK:        0000918965
Form:       8-K
Filed at:   2023-08-22T23:59:59+00:00
Accession:  0000918965-23-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ScanSource Q4 GAAP EPS $0.68, down 13% YoY; appoints former Acuity CEO to board
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- Q4 net sales $947M, -1.6% YoY; GAAP diluted EPS $0.68 vs $0.78 prior year.
- Full-year FY23 net sales $3.79B (+7.3%); record Adjusted EBITDA $179.9M (+8% YoY).
- FY24 outlook: net sales growth ≥3%, Adjusted EBITDA ≥$180M, free cash flow ≥$150M.
- Cyberattack discovered May 14, 2023 impacted core systems; operations restored by May 26.
- Vernon J. Nagel appointed to board (Audit, Compensation, Nominating committees); former Acuity Brands CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918965/000091896523000021/0000918965-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918965/000091896523000021/scsc-20230816.htm
  HTML page:      https://secwatch.observer/filing/0000918965-23-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer